Xylem Inc. (NYSE:XYL) Shares Bought by Diversified Trust Co

Diversified Trust Co lifted its position in shares of Xylem Inc. (NYSE:XYL) by 6.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,468 shares of the industrial products company’s stock after acquiring an additional 795 shares during the quarter. Diversified Trust Co’s holdings in Xylem were worth $1,563,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XYL. MML Investors Services LLC raised its position in Xylem by 66.9% in the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock valued at $2,152,000 after purchasing an additional 6,386 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Xylem by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock worth $181,719,000 after purchasing an additional 5,817 shares during the last quarter. Groupama Asset Managment raised its holdings in Xylem by 89.6% in the 3rd quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after buying an additional 7,723 shares during the period. Neo Ivy Capital Management acquired a new position in Xylem in the third quarter valued at about $968,000. Finally, Franklin Resources Inc. boosted its stake in Xylem by 2.3% during the third quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock worth $219,262,000 after buying an additional 36,102 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Stock Up 0.2 %

Shares of NYSE:XYL opened at $115.96 on Thursday. Xylem Inc. has a fifty-two week low of $109.39 and a fifty-two week high of $146.08. The firm’s 50 day moving average price is $121.88 and its 200 day moving average price is $129.71. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The stock has a market cap of $28.17 billion, a price-to-earnings ratio of 33.91, a price-to-earnings-growth ratio of 2.22 and a beta of 1.06.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.11. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company’s revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $0.99 EPS. As a group, equities research analysts predict that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.24%. Xylem’s dividend payout ratio is currently 42.11%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. TD Cowen decreased their price target on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Citigroup raised Xylem from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $135.00 to $148.00 in a research note on Monday, December 9th. Robert W. Baird decreased their target price on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, Royal Bank of Canada dropped their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Xylem has an average rating of “Moderate Buy” and an average price target of $152.20.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.